Transactions


Seller Waterland Private Equity
Target Blue Phoenix Group
Deal Type Mergers & Acquisitions
Buyer INFRAVIA
Territory
Transaction Description

Blue Phoenix Group (“BPG”) is a leading player in the waste recycling infrastructure industry. Their facilities provide integrated sustainable solutions to the energy-from-waste (“EfW”) sector for treatment and recycling of bottom ash remaining after waste incineration. Waterland has been the majority shareholder of BPG since 2015, developing the company into a global player with more than 25 ash recycling facilities worldwide. With the support of InfraVia as the new majority shareholder alongside Daiwa ICP, BPG will be able to focus further on its international expansion strategy of servicing EfW companies with sustainable solutions for recycling incineration bottom ash.

InfraVia Capital (“InfraVia”) is a leading independent private equity firm. Specialized in private markets across European infrastructure and technology investments, InfraVia supports entrepreneurs and industrial players in their growth and digital strategy. InfraVia has raised €10bn of capital since 2008 and has invested in 40+ companies across 13 European countries (www.infraviacapital.com).

Waterland Private Equity (“Waterland”), an independent European private equity investment group uses its unique proactive deal sourcing and buy-and-build strategy to support entrepreneurs in realizing their growth ambitions. Waterland currently manages over €10 billion of investor commitments and since its founding in 1999, has grown to more than 140 team members operating across 12 offices in 10 countries (www.waterland.nu).

Daiwa International Capital Partners was founded in 2020 by Gregor Jackson, Sergio Ronga and Daiwa International Investments GK as an independent manager of high quality infrastructure assets.

A.Vaccani&Partners, Amane Advisors and ENEA Consulting have provided Technical Due Diligence and ESG Due Diligence for the project.

Industry Sector
ICFG Office

ICFG Switzerland accompanies the acquisition of Blue Phoenix Group by Infravia

Transaction Details

Infravia closed the transaction with Waterland for the acquisition of a majority stake in Blue Phoenix Group. Our Swiss member A.Vaccani&Partner (AVP), Amane Advisors (AA) together with ENEA Consulting provided Technical and ESG Due Diligence to InfraVia